Sumsub has launched a new fraud management bundle for financial institutions in the Philippines to help local banks comply with the Anti-Financial Account Scamming Act (AFASA) before it takes full effect on June 25 2026.

The new compliance suite combines rule-based fraud detection with dynamic risk scoring.

This hybrid model enables institutions to identify and act on suspicious transactions in real time to support fraud prevention and fund recovery.

The launch of the fraud prevention suite from Sumsub responds to the AFASA regulatory changes happening in the Philippines and a sharp rise in artificial intelligence-driven scams.

Sumsub reported that deepfake attacks in the local market grew by 61% year on year in 2025.

“The regulatory environment in the Philippines is evolving quickly with clearer expectations on how institutions should detect assess and respond to suspicious activity,” said Penny Chai, Vice President APAC, Sumsub.

Penny added that the hybrid model allows compliance teams to focus on the highest risk activity for timely intervention.

The platform applies direct action rules to strong fraud indicators like blacklist matches or abnormal access patterns.

A separate dynamic risk scoring layer evaluates behavioural anomalies and transaction deviations in a single assessment.

Institutions can adjust thresholds and decision flows to match their risk strategy and internal policies.

The system also works alongside existing device intelligence and case management solutions from the company.

This product release follows a recent partnership with Go Digital Philippines.

The collaboration aims to strengthen digital trust across the region.

Featured image: Edited by Fintech News Philippines based on an image by Sumsub.